r/Cedar_Springs_84014

It make no sense. To completly expose an HOA, the business owned by 202 unit Owners, to every crime imaginable, indicates someone on The Board or the Management company intends to steal from the business.

It makes zero sense that because The Board made themselves Managers, they don't have to abide by procedures that ALL businesses abide by. No background checks, no oversight, no bonding, no resumes, no audits, are all crimes waiting to happen.

If a management company suggested, developed, or approved any such system, they are announcing they intend to embezzle from that HOA. There is no excuse for a professional company to suggest or approve of an HOA operating any differently than that company operates. I guarantee Utah Management requires resumes, background checks, oversight and bonding of any of their employees handling their finances.

It occurred to me that O'leary wants to "mine for bitcoin" which is a harmful ponzi scheme. It hurts people as much as the data centers do. It has no benefit to mankind. So, diminishing the quality of life for millions of people for that is wrong. Ironically, I asked AI about that.

AI said:

The massive 40,000-acre "Stratos" data center project proposed for Box Elder County, Utah, is primarily designed as a high-capacity AI and hyperscale campus, but its immense power generation capacity of up to 9 gigawatts, powered by natural gas, provides the energy flexibility often associated with large-scale bitcoin mining.

While marketed for AI, such enormous energy-focused projects are frequently capable of supporting various computing intensive activities, including cryptocurrency mining.

Project Scope: The project, associated with investor Kevin O'Leary, is massive, spanning 62 square miles near the Great Salt Lake.

Power Source: The facility plans to connect to the Ruby Pipeline to receive natural gas, generating its own power on-site, rather than relying solely on the state’s electrical grid.

Controversy & Usage: Local officials approved the project, with stakeholders arguing it will support technological advancement and energy resilience, while critics raise concerns about the high energy consumption and environmental impact.

Timeline: The project is in early stages, with officials estimating it could be roughly ten years before it is fully operational.